O.penVAPE CEO Calls for Cannabis Industry Collaboration at the HIGH TIMES Business Summit

O.penVAPE Wins the HIGH TIMES Trail Blazer Award for Extraction Technologies

DENVER, CO--(Marketwired - Dec 15, 2015) - Ralph Morgan, CEO of O.penVAPE, the largest consumer brand in the international cannabis industry, is a featured speaker at this week's inaugural HIGH TIMES Cannabis Business Summit, Washington Hilton, 1919 Connecticut Avenue Northwest Washington, DC.

This is the first such event for HIGH TIMES, known as the most reliable and trusted voice in all things marijuana for the past 42 years and a significant force in the ongoing legalization campaign. Conference organizers say the purpose of the summit is uniting the worlds of politics, entrepreneurship and medicine.

On behalf of O.penVAPE, Morgan accepted the HIGH TIMES Trail Blazer Award for Extraction Technologies on Dec. 14, the first day of the event.

"This HIGH TIMES event is not just about recognition, it's about celebrating entrepreneurship in the next great American industry," Morgan said. "O.PenVAPE is proud to be part of this movement."

Morgan founded Organa Labs in 2009 and pioneered natural extraction methods for cannabis oil. Organa Labs cannabis oils are naturally processed using CO2 extraction, the same method used to decaffeinate coffee. Today, Organa Labs processes are licensed domestically and internationally under the O.penVAPE brand.

"This event is a meeting of the minds of world class cannabis pioneers," Morgan said. "We all agree that the continued success of this industry requires partnership and is truly a team effort. Our best investment is in ourselves as we move into one of the most respected industries of our time."

O.penVAPE, the world's leading personal vaporizer brand, has manufacturing and distributing partnerships in 10 states. An O.penVAPE product is sold every 10 seconds of every day, 24 hours a day.

Morgan will describe the partnerships his company has formed at all levels in the context of O.penVAPE's most recent strategic alliances. He recently announced O.penVAPE's first international partnership in Jamaica with Timeless Herbal Care and the University of the West Indies to develop, produce and sell novel cannabis products in not only Jamaica but to export those products to other countries that allow for it.

In addition, he will detail O.penVAPE's new structured public/private partnership, CBD Biosciences, that includes $4.9 million in capital incentives from the city of Pueblo, CO. CBD BioSciences is a recently launched joint venture between O.penVAPE and Thar Process, market leaders in the hemp oil extraction industry. This partnership is Pueblo's largest job creation initiative since 2008. The company is projected to employ 163 people by November 2018, at an average salary of $41,590 plus benefits.

Denver-based O.penVAPE is the leader in cannabis extraction technology and it is the largest international brand in licensing of products and services in the medical and adult-use cannabis industry. O.penVAPE distributes products through a network of affiliates licensed to sell O.penVAPE cannabis oil-filled cartridges, vaporizer devices and related products. For more information, please visit www.openvape.com.